Is this a temporary thing which will no long occur once the beta testing is over or is it a permanent thing with the systems Monzo uses meaning income (and I’m assuming payments) may get processed a day earlier than was previously planned?
Would be quite amusing as a selling point if I could tell my work colleagues I was always going to be paid a day ahead of them 
Only one of the Monzo team could answer this!
My guess (I could be talking complete waffle) its how the payroll system (for large organisations) sends out instructions to pay people? As for instance, as my employer, employ’s around approx 4000. Maybe it has to queue for the standard banks as 1000’s would be on the Barclays, HSBC, TSB etc etc, which in turn is why you get paid? However, on official pay documentation, our pay date is the 15th.
It depends how your company/payroll provider sends the payment as to how long the process may take.
I’m making an assumption here and I’m sure someone at Monzo can clirify further but I suspect that:
If its sent by BACS then the sender cannot explicitly choose the date that you will be credited, this is an auto calculated date by the BACS network. The sender can only choose the date that they will “send” the payment. The system will automatically add 2 working days to the payment batch once it is submitted and thats the day the money arrives in the receiving account. Monzo will be notified of the inbound payment during day 2 and it sounds they are choosing to make the credit available in your account before it fully clears. (In the same way that they debit a card payment out from your account during authorisation rather than waiting for it to settle 1-2 days later)
If its sent by Faster Payment, the sender can only choose the day that it leaves there account, but it will credit the receiving account within 2 hours. If done during the day this will happen in “real-time”, however these payments can be scheduled in advance and will then normally debit the sender (& credit the receiver) during the “start of day” on the date they chose to schedule the payment for.
In terms of your company paying you on a certain date, they will have procedures in place (based on traditional transaction times) to send the payment scheduled to ensure that the funds have cleared on this date. But thats obviously not the date they sent it.
That makes a lot of sense.
See I knew I was talking waffle!
Now I just want to get my hands on a Current Account so I can see my own salary going in… 
Your idea makes sense. RBS/Natwest does this if you’re paid on a Monday. It is released on Saturday before it fully clears.
I’m eagerly awaiting my card arriving tomorrow to see how well my employer deals with it. With 162,000 employees, I may be the first with a Monzo current account, but I’ll definitely not be the last, so I hope I can pave the way 
My work uses a rather odd bank, of which I believe there are only four branches in the UK. Salary went into my Monzo CA no problem.
Received my CA card and gave payroll a call - added on with no issue, they were a little confused “Monzo bank… in Monzo?” and asked to verbally confirm that it’s really a UK bank.
I’ll update in two weeks when we get paid next.
He did take the time to ask exactly what’s so special about this bank and I explained all about ththe benefits of instant notifications and a full stack digital experience. Hopefully a new covert
HSBC after the branch closure programme? 
I spoke with my HR and they updated my details - theoretically! In my payroll account it still shows old account, but I’ve been warned that it will not be updated until first transfer goes through… 
I am a bit suspicious, but we’ll see what happens at the end of the month.
It’d be really handy if Monzo could keep a track of my salary in terms of pay slips, tax, etc too. So although I receive one amount per month, my total earnings are higher and some of that goes to tax. Would be nice for Monzo to show my “tax spend” etc
My official payday is the 21st of the month, or the Friday before if that’s on the weekend. You can imagine my surprise when I saw my salary being paid in a full three days earlier… despite the fact that the 21st is a Monday!
Sort of related, but will we have some sort of capability to fix names and logos for these payments? I’ve grown to like the clean look of my feed, but I feel it would look even better if I had the NHS Wales icon in the feed and my employer name in proper capitalisation.
They have said they will for direct debits so I assume so…
I’m glad to hear that, because this mess bothers me irrationally, haha
Though getting student deals at the age of 31 makes me even happier to be studying for me to be studying again!
Hi, I’m trying to set up so my company pays into my monzo, but they always ask for a branch. Obviously you don’t have branches, so what do we put instead?
There is an address in the help section on the Current AC app.
Monzo Bank
230 City Road
LONDON
EC1V 2QY
I think you can put down their office address.
Changed my bank details to the Monzo current account ready for payday this month. Originally got an error message from the sort code, but HR manually added it to the system so (hopefully) now all ready to go.